Not by any means being a 'financial wizard', more a 'financial innocent', it would appear that we are providing money to the International Monetary Fund (IMF) for them to lend to other countries.
The Telegraph would appear to confirm this view with the following reports: 'Under the $1.1 trillion (£750 billion) agreement, which followed several days of intense negotiation, struggling economies will be offered money provided to the International Monetary Fund (IMF) by wealthier nations.' and also 'However, Mr Brown made it clear that he did not intend to apply for funds for Britain, despite opponents warning that the country will soon need a bail-out due to the growing deficit in the public finances.'
With regard to the second quote it seems that our 'Financial Wizard' - aka our Prime Twat - is to make his own country's plight even worse in order to fulfil his dream of being hailed a 'World Leader'? This man is not just delusional - he's truly mad!
Simple this financial business, is it not?
And there was me thinking that the most basic rule of financial sense was that if you did not have it, you can't spend it or lend it.
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